Bank of America launches virtual AP tool, Visa begins piloting B2B Connect, and Superior Press explores ongoing use of checks.
| | | | BUSINESS TO BUSINESS EDITION | | Reengineering The Digital Payments Transition â With Engineers Tribes and squads as digital transformation pioneers are only as good as the technology assets they can leverage to drive those quick hit projects and deliver that change, says Raghavendra Bhat, ANZâs head of technology. Bhat tells Karen Webster that engineering true change in banking, for consumers and the corporation ⦠requires engineers. |
| Executives Brace For AI To Fuel Gig Economy Boom Corporatesâ digital transformation is opening the gates for tech, like artificial intelligence and robotics, to flood into the workplace. The expectation is that these tools will enable humans to perform more strategic tasks, but new research from Pegasystems finds executives believe AI will also cause a major transformation and augmentation of the worldâs gig economy too. |
| | Payment Rails | | Donât Write Off The Paper Check Just Yet Payments innovators are adamant that the paper check will (eventually) die, but today the payment rail is alive and well â especially in the U.S., and especially in B2B payments. That means while FinTechs push corporates and FIs toward faster, more automated technologies, they may ignore their check-related needs. Steve Traut, co-owner and SVP of sales at Superior Press, told PYMNTS that the billions of check transactions that occur every year cannot be ignored. He offers what some may consider an unpopular opinion: The paper check may never fully disappear. |
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